Financial Times Global Masters In Management 2013 Survey

wealthymatters After reading the news that IIM-C made it to the Financial Times Global Masters In Management 2013 list,if you are hunting for the complete can find it here:Link But do note that the degree is MIM not MBA as is being carelessly reported. IIM-C has been judged to have the best finance module in its MIM program of all the 70- programs that made it to the list and the institution ranks 2nd in economics.

Anita On MBAs In Entrepreneurship“I often get asked to talk about entrepreneurship – even by hallowed institutions like Harvard and Stanford – but I’m not all convinced it is a subject you can teach.How do you teach obsession, because more often than not it’s obsessions that drives an entrepreneur’s vision? Why would you march to a different drumbeat if you are instinctively part of the crowd?

If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management. There is a sort of terrorism that comes with the operations and the science of making money, but by not knowing any of that, I had an amazing freedom.In the business school model, entrepreneurs are most at home with a balance sheet, a cash-flow forecast and a business plan. They dream of profit forecasts and the day they can take the company public. You certainly must be able to wield these weapons. But these are just part of the toolbox of re-imagining the world. They are not the basic defining characteristic of entrepreneurship. Read more of this post

The Dangers Of Ossification

In the story below Alok Kejriwal narrates what happens to a family business when it is ruled with an iron fist by the older generation which gives younger family members and outside professionals no opportunity to air new ideas.

Experience is good.And everything new is not necessarily good.Professional managers are not automatically better than family talent.It doesn’t pay to cast aside the old tried and tested methods without thought.However,nothing good comes out of eschewing new ways altogether.Taking a risk on something new,when the older way has been very successful,is hard.But regularly experimenting with new ways in a controlled manner and adopting them if they are good, is a must to stay competitive. Read more of this post

MBA in Entrepreneurship

Here is an article I came across yesterday while surfing.The original is available here: .The author has a poor opinion of the value of an MBA for entrepreneurs.Do read through the following article and tell me whether you think entrepreneurship can be taught?Can it be taught in an MBA class?Is it learnt by doing?Will the entrepreneurship cells the author calls for in colleges do the trick?If entrepreneurship can be taught what in your opinion is the best way to do so?Do write to me, tell me about your experiencesI would love to hear about them.


Entrepreneurship has been the most abused word around according to me. Each and everyone seemingly want to start their own venture. Each and everyone thinks making business plans is as easy as writing a mail. Each and everyone thinks that getting the funds for the same will be pretty easy. Each and everyone wants to be his / her own boss.

 But is it really so easy? Is entrepreneurship just about starting new businesses day in or day out? What kind of people become entrepreneurs? How does one make the right business plans? Which kinds of industries and sectors one can enter? How does one get the right ideas and opportunities? There are some of the hundreds or thousands of questions which one has to consider before getting a business plan ready for a VC. Read more of this post

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